TVS Motor Company consolidated net profit rises 32.36% in the June 2025 quarter
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India.com
a few seconds ago
- India.com
Meet T-14 Armata Tank, super powerful war weapon offered by Russia to India, its features are..., Trump to...
New Delhi: US President Donald Trump is not happy with India and Russia's friendship and is threatening both countries with tariffs. Amidst this, the two countries are discussing a crucial defence deal that might further enrage Trump. What has Russia offered to India? Russia has offered to sell the next-generation T-14 Armata tanks to India to replace its ageing T-72 tanks with new tanks. Russia's offer includes domestic manufacturing in India under the Make in India programme. Armata tanks are made by the Russian company Uralvagonzavod, and the T-14 Armata is its most advanced tank. Uralvagonzavod has offered to design and develop this tank according to India's needs for its Next Generation Battle Tank (NGMBT) programme. For this, the Russian company has shown interest in partnering with Indian defence companies. What is the crux of the proposal? The proposal includes possible collaboration with India's Combat Vehicle Research and Development Establishment (CVRDE) or other public sector defence units. The proposal is strategically prepared according to India's 'Make-I' procurement category, which aims to increase India's indigenous production. Under this plan, the Government of India provides up to 70% of the funding for developing prototypes, which emphasises domestic manufacturing and technology transfer. Will India buy the advanced T-14 Armata tank? Uralvagonzavod had signed a technology transfer agreement with India for T-90S tanks, which are now manufactured in India as T-90 Bhishma. India uses more than 83 per cent domestic technology in the T-90S tank, including complete localisation of the tank's engine. Russian officials have also expressed their intention to work with India for the local production of the T-14 Armata tank project. Company officials have suggested that the T-14 Armata would be an ideal successor to replace the Indian Army's huge but ageing fleet of T-72 tanks. Why is T-14 Armata considered one of the most advanced tanks in the world? The T-14 Armata is considered one of the most advanced tanks in the world. It has many remotely operated functions, an armoured capsule for the crew, a state-of-the-art digital control system and an active protection system (APS) called 'Afghanit'. This system is capable of destroying the enemy's anti-tank missiles on the way. Three operators can sit inside this tank and destroy the enemy's anti-tank missiles and RPGs in the air. It has a millimetre-wave radar, which provides 360-degree protection. Guided missiles can also be fired from this tank up to 8–10 kilometres. The maximum speed of this tank is 75 to 80 kilometres per hour, and its range is 500 kilometres. The weight of this tank is 55 tonnes, and its cost is around Rs 30 to 42 crore. If it is manufactured in India, its cost will be reduced by at least Rs 10 crore.
India.com
30 minutes ago
- India.com
Masterstroke by Mukesh Ambani as Reliance to invest Rs 4300000000 in Bengaluru-based startup, it deals in..., name is...
Mukesh Ambani (File) In a significant decision which could provide a major boost to India's growing spacetech industry, Mukesh Ambani-led Reliance Industries is mulling to invest $50 million (about Rs 430 crore) in Digantara Research & Technologies, a Bengaluru-based spacetech startup, which is developing technology that can track objects in the Earth's orbit. How much is Mukesh Ambani Reliance Industries investing? According to a report by The Economic Times, Reliance Industries, India's most valued domestic firm led by billionaire Mukesh Ambani, is in advanced discussions to lead a Rs 430 crore funding round in Digantara, along with existing investors like Peak XV Partners. 'Reliance has evaluated multiple startups in the spacetech segment. It is looking at companies building novel solutions in the sector. Its talks with Digantara are at an advanced stage,' the report quoted a source familiar with the matter as saying. What does Digintara do? Co-founded by Anirudh Sharma (CEO), Rahul Rawat (COO), and Tanveer Ahmed (CTO), Digintara is a spacetech startup based in Bengaluru, working on the development of technologies which can track bjects in Earth's orbit. Earlier, in March, Digintara launched a satellite capable of tracking debris as small as 5 cm, and is currently providing services to defence agencies in both India and the United States, as per the report. According to the report, Digintara plans to deploy a constellation of about a dozen surveillance satellites by the end of 2026. The company has launched three satellites so far, one of which is part of the proposed satellite constellation. A major chunk of the upcoming funding round will be dedicated in developing and launching these satellites. 'Given the volatility in global geopolitics, every country is focused on having its own indigenous sovereign solutions that can be controlled in times of crisis. That's where the opportunity lies for startups like Digantara,' the report quoted a source as saying. The company established a manufacturing and operations facility in the US in February 2024, and expects to earn a revenue of $25–30 million (Rs 220–260 crore) from its US operation in the next 2-3 years.
NDTV
44 minutes ago
- NDTV
Hot Dogs, Selfies, Sneakers: Humanoid Robot Grabs New York City's Attention
New Delhi: A humanoid robot marched through Midtown Manhattan last week, causing a stir and drawing shocked stares in the heart of New York City. The robot, branded KOID and priced at around $100,000 (Rs 87.2 lakh), was deployed by global asset management firm KraneShares in a marketing stunt to promote its new Global Humanoid and Embodied Intelligence Index ETF, which launched in June. The robot had previously rung the Nasdaq opening bell. During the stunt, KOID was seen walking along Fifth Avenue, grabbing a hot dog, posing for selfies, and even walking into a Hoka store, where startled staff helped it try on sneakers. The event was filmed and posted to Instagram. View this post on Instagram A post shared by New Yorkers (@newyorkers) A blind man praised the technology as "wonderful," suggesting it could one day help people who can't use guide dogs due to allergies or other issues. Another passerby said, "I mean, I would love for it to clean my house." Not all reactions were positive. "To mess with humanity . . . y'all gotta stop. Satan, I rebuke you to hell," one man yelled. Asked about a potential robot-led future, a woman said, "It's going to happen." The robot was built by Chinese robotics company Unitree and supplied by Long Island-based RoboStore. It operates using Stanford's OpenMind software and, while remote-controlled during the Midtown walk, is fully programmable and already in use at research labs and universities. Since the ETF's launch, KraneShares reports $28 million in assets under management. According to KraneShares' marketing head Joseph Dube, "At some point these robots will be so common that it's not going to have the wow factor that it currently has. We're definitely taking advantage of a moment in time." According to the Morgan Stanley Global Humanoid Model, the humanoid robotics market could grow to 1 billion units and generate $5 trillion in annual revenue by 2050.
